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Beef Magazine

USDA backs $24.6M loan to build Texas beef plant

New beef processing facility in Dimmitt expected to handle 400 head of cattle per day and create 220 jobs.

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The USDA-backed expansion of beef processing capacity in Texas means increased competition for live cattle, potentially impacting spot prices and futures. You should monitor this facility's ramp-up and its effect on cutout values to inform your purchasing strategy and negotiate contracts.